In just a few minutes this week, Powell changed everything on market’s view of interest rates

(CNBC) Federal Reserve Chairman Jerome Powell’s prepared speech this week to Congress took just a few minutes, but it changed everything. In those remarks, the central bank leader set out a new paradigm for how the Fed views its policy path, one that apparently will see even higher interest rates for a longer period of time than previously thought.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.